Weak Demand Hits BUA Foods’ H1 Revenue, but Profit Rises to N292bn
The food manufacturer overcame weaker consumer demand and lower selling prices by cutting production and operating costs, while strong pasta
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Energy
TotalEnergies’ Nigerian Retail Business Bounces Back as Half-Year Profit Nears N5bn
TotalEnergies Marketing Nigeria Plc returned to profitability in the first half of the year, recording a profit after tax of
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Aradel’s Half-Year Revenue Soars 577% on Higher Output, Iran War
The Nigerian energy group generated N975.6 billion in operating cash, slashed net debt to N46.5 billion and reaffirmed its full-year
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Oando Sells 95% Stake in OPDC to Energia for $48.45m
Oando Plc has agreed to sell a 95 per cent equity interest in Oando Production and Development Company Limited (OPDC)
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NNPC Says Payments to Government Hit N6.28 Trillion in First Half
The state-owned Nigerian National Petroleum Company said the statutory payments to the Federation for the first half of the year
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Conoil’s Profit Balloons Nearly Sixfold to N5.15 Billion in First Half
Conoil Plc recorded a sharp rise in earnings in the first half of the year, with profit after tax climbing
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Geregu Power’s Half-Year Profit Plunges 88% to N2.5bn
Geregu Power Plc recorded a sharp decline in earnings in the first half of 2026, as profit after tax fell
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Seplat Energy Steps Up Offshore Drilling Push with Second Rig Contract
Seplat Energy is intensifying its offshore drilling campaign in Nigeria, with one jack-up rig already in the country and a
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Aiboni Assumes Office as First Woman to Lead Shell Nigeria
Elohor Aiboni has assumed office as Executive Vice President, Nigeria, and Country Chair of Shell Companies in Nigeria, becoming the
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Seplat Energy Revives 73 Idle Wells From Former ExxonMobil Assets
Seplat Energy Plc, the Nigerian independent oil and gas producer dual-listed in Lagos and London, has restored a cumulative 73
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